An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
( MENAFN - Daily News Egypt) Suez Canal bank has announced an increase in its issued capital from EGP 5bn to EGP 6.5bn, ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
The Suez Canal is growing by up to 10km in length in its Small Bitter Lakes segment which will enable it to handle six to eight more vessels daily, the Suez Canal Authority (SCA) has announced. This ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
The beginning of 2025 finds Israel now in a direct fight with the Houthis, exchanging aerial bombardments, missiles and drone ...
Gulfbusiness.com on MSN27m
Egypt to receive $1.2bn as part of IMF programme in January, finmin saysEgypt, grappling with high inflation, is targeting about $3bn in the remainder of the current fiscal year, which runs until ...
Egypt is set to receive a $1.2 billion disbursement from the IMF as part of an $8 billion program. The agreement follows high inflation and currency shortages, aggravated by a decline in Suez Canal ...
According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82km ...
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The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
CAIRO - Egypt has tested a new 10-kilometre extension to the Suez Canal as it tries to minimise the impact of currents on ...
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